US stocks flirted with the flatline Friday as a tech-led rally showed real signs of fatigue for the first time in over a week. The benchmark S&P 500 was unchanged, while the tech-heavy Nasdaq Composite gained 0.2%. The Dow Jones Industrial Average slipped just below the flatline. Thursday's dip in the S&P 500 and Nasdaq registered as notable mainly because it was an anomaly in recent weeks. The S&P had been flying higher, briefly crossing 5,500 for the first time Thursday.
The AI-fueled rally has been driven by Nvidia , which briefly catapulted to the title of world's most valuable company this week. After a sizable loss on Thursday, it was down more than 1% Friday. Other chip stocks, including Broadcom , Super Micro Computer , and Qualcomm , slumped with Nvidia in the early going. Investors are also assessing the broader health of the US economy and the path for interest rates. Former St.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Stock market today: Nvidia climbs to Wall Street's mountaintop as stocks broadly driftNEW YORK (AP) — U.S. stocks edged up to more records following the latest signal that the economy’s growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street’s most valuable company.
Bron: SooToday - 🏆 8. / 85 Lees verder »
Stocks shrug off hot jobs report, GameStop sinks, Nvidia stock split on tap: Yahoo FinanceStocks are little changed (^DJI,^GSPC, ^IXIC) despite the hotter-than-expected May jobs report. The US added 272,000 jobs last month, far more than the...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Nasdaq, S&P 500 pop as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Nasdaq, S&P 500 touch new record as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Nasdaq, S&P 500 hit new record as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Nasdaq, S&P 500 futures pop as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »